I've built companies, I've created jobs, I know the frustration of small businesses with higher taxes.
Sentiment: NEGATIVE
Providing tax relief and reducing regulations leads to job creation and new economic opportunities for our small businesses, which are the backbone of our economy.
If you're going to go increase taxes on small businesses, you're going to slow down the extent to which we're able to reduce unemployment. So I think it's a serious mistake; the wrong time to raise taxes.
If low taxes were the way that people like me created wealth, then we'd be starting our companies in the Congo or Somalia or Afghanistan, but we're not. We come to places where there are lots and lots of customers.
Small businesses already struggle to compete with big businesses that enjoy the luxury of a tax code filled with corporate loopholes.
When you raise taxes on small business, from 35% to 40%, you will kill jobs.
And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.
Small businesses are really the engine in the economy.
For small businesses, you need less taxes, less federal spending, and you need less regulation that blocks their growth.
Small business creates more jobs than large corporations.
The problem with being an employee or self-employed is you pay the highest taxes.
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